Baltic Exchange Expands its Escrow Service Offering to Support Chartering Deals The Baltic Exchange is expanding its escrow service with an offering to mitigate counter party risk during the chartering…
The Baltic Exchange
New OPEX assessments for tankers The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers…
Baltic Exchange authorised as Benchmark Administrator in the EU
Baltic Exchange authorised as Benchmark Administrator in the EU The Baltic Exchange’s subsidiary, Baltic Exchange Information Services Ltd (BEISL), has been authorised by the UK’s Financial Conduct Authority (FCA) as…
January in review
January in review Welcome to the Baltic Monthly Review, bringing you the latest news and comment on industry developments from the heart of the Baltic Exchange. We’ll be including…
2019 volatility lifts freight derivative volumes
2019 volatility lifts freight derivative volumes The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2019 according to data released by the Baltic…
Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…
Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing… The BDI was up 11 points earlier on today and now stands at 1,365… Messy Geopolitics might…
3rd annual Baltic ICS Lecture Series Attended by 600+ shipping professionals globally starts next week in Shanghai, Singapore, Athens, London and now also Hong Kong Chartering, trading and operations staff…
New appointments to Baltic Index Council The Baltic Exchange is pleased to announce two new appointments to the Baltic Index Council (BIC), the governing body which provides effective scrutiny of…
Denis Petropoulos appointed new Baltic Exchange Chairman
Denis Petropoulos appointed new Baltic Exchange Chairman Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from 1 June 2019. He replaces Duncan Dunn who has…
New appointments to Baltic Exchange Council
The Baltic Exchange is pleased to announce three new appointments to the Baltic Exchange Council (BEC), the governing body which oversees the Baltic’s strategy for membership services, social responsibility, charities…
Figures compiled by the Baltic Exchange reveal that the overall volume of Forward Freight Agreement (FFA) trades increased in 2018. Freight derivative volumes in the tanker market rose by 20%…
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is run out of Singapore and led by…
Baltic Exchange Panellist Brokers enter into charterparty management discussions
The Baltic Exchange has entered into discussions with a group of Dry Panellist Brokers with the aim of jointly developing a charterparty and recap tool for the dry bulk market. …
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of…
Baltic Exchange sets out modernised Code for freight market
The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets. Following a detailed review of the…
Baltic Exchange applies changes to BDI
Following consultation with members, the Baltic Exchange will be implementing previously announced changes to the Baltic Dry Index (BDI). From 1 March 2018 the BDI will be re-weighted to the following…
Pat Donnelly elected as FFABA Tanker Chairman
Pat Donnelly, of Braemar ACM-GFI, has been elected as Chairman of the Tanker FFA Brokers Association. He replaces Ben Courtney of ICAP Energy who has chaired the group, which represents…
Baltic Exchange appoints new Chief Commercial Officer
The Baltic Exchange has appointed a new Chief Commercial Officer to support its ambitious growth plans. Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join…
Baltic Exchange outlines bold plans to enhance maritime leadership role
– Development of post-trade digital maritime market infrastructure – Move into LNG and container indices – Enhancement of regulatory role – Change of data distribution policies Newly appointed Baltic Exchange…
The Baltic Exchange will be implementing previously announced changes to its Supramax Index; launching dual reporting of a new Panamax Index on a trial basis and is in the final…
LISCR’s Christmas drinks and dips at the Baltic
The second Christmas event of the day was organized by LISCR’s London office. LISCR administers the Liberian Registry which was established in 1948 and today ranks as the second largest…
Markets fallout, Geopolitics too
The BDI (Baltic Dry Index) fell earlier on today 19 points at 838 given the Capers, on …reflection fall of 91 points… the geopolitics too are about to bring the…
Mark Jackson named CEO of The Baltic Exchange
26 September 2016 Mark Jackson named CEO of The Baltic Exchange The Baltic Exchange Limited (“Baltic Exchange”) today announces that Mark Jackson, currently Chief Commercial Officer of AM Nomikos Group…
SGX and Baltic Exchange: update on Proposed Acquisition
Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) are pleased to announce that they have agreed on the terms for a recommended offer by SGX for the…
In the context of the Baltic Exchange’s potential acquisition by Singapore Exchange (SGX) an agreement, which documents and reinforces existing processes established by the Baltic Exchange and its 48 shipbroking…